- Bull divergence is present
- Wait for revesal bar pattern inside PRZ box (use H1 chart if necessary)
- Target 127.2 - 161.8 CD Fibo retracemenst (Three drives pattern will be complete and possibly a short setup)
Note: Bullish Crab (green) on D1 is working and targeting resistance at 0.7154 - 0.7302 (see link below)
- Wait for revesal bar pattern inside PRZ box (use H1 chart if necessary)
- Target 127.2 - 161.8 CD Fibo retracemenst (Three drives pattern will be complete and possibly a short setup)
Note: Bullish Crab (green) on D1 is working and targeting resistance at 0.7154 - 0.7302 (see link below)
Note
Movement started early than I expected… now pointing to 127.2 – 161.8 Fibo retracement. I will be looking to short set up at that point. Pattern still valid
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.